Read the full article on Traders Magazine.
Excerpt:
By incorporating confirmation dates at an earlier part of the earnings timeline, traders can have a preliminary look at how a company is performing, according to Christine Short, VP of Research at Wall Street Horizon.
According to Wall Street Horizon’s latest white paper: “The Earliest Indicator of Corporate Earnings: Using Confirmation Timing for Trading Signals”, there is valuable information to be gained by analyzing Confirmation Timing events and has seen that firms reporting earlier than usual exhibit positive abnormal returns.
Likewise, companies that confirm later than average typically exhibit negative abnormal returns.
Related Content
-
_thumb.png)
Volatility Watch: Eyeing a Pair of Blue Chips with Unusual Earnings Dates in the Heart of the Reporting Season
-
_thumb.png)
The Magnificent 7 Get Set to Report Amidst an S&P 500 Losing Streak
-
_thumb.png)
CEO Uncertainty Spikes After Improving Last Quarter
-
_thumb.png)
Earnings Season Heats Up, Spotting Two Unusual Reporting Dates in the Consumer Space
-
CNBC: Brace Yourself for Short-Term Volatility
-
Cheddar: It's Not Just You: The ‘Vibes Are a Little Off’ in This Economy
-
Data Minds - Triple Threat: Leveraging Data to Manage AI, ESG, and ETF Risks | April 11, 2024 [Recording Available]
-
_thumb.png)
Q1 2024 Earnings Preview: Will Reports be Good Enough to Turn Markets Positive?
-
[Podcast] Interactive Brokers: The Ins and Outs of Earnings Announcements
-
Pensions & Investments: U.S. companies increase buyback announcements
